Tag: households

For a whole host of pandemic-related reasons, rents dipped in 2020 as millions of Americans lost jobs, stayed home from college, left the cities, or arranged for aging parents to live with them. But the economy has bounced back, and an additional 900,000 households entered the rental market in the first nine months last year…

The fate of the recent expansion of the federal child tax credit is uncertain in the ongoing budget negotiations in Congress. What is clear is that poor and low-income families are putting the increased assistance to good use. Nine out of 10 families earning less than $35,000 are spending the money on one or mor…